402: It’s Not What You Make, It’s What You Keep: End Of Year Tax Strategies For Contractors


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Oct 18 2024 46 mins   2

Believe it or not, we are in the fourth quarter of 2024. What are you doing to finish strong? In

today’s episode, we take a look at end-of-year tax strategies that can set you up for success

and increase the revenue you keep. We also check in with John DeLaurier in Georgia about his

process after a big storm. Join us to learn more!

What you’ll hear in this episode:

● A check-in with John and his plan of action after a big storm like Hurricane Helene

● From John: perspectives on “speed to lead” and leads from Yelp, Thumbtack, and LSA

(local service ads)

● Why John doesn’t like insurance jobs

● A breakdown of “revenue per capita”–and what it really means for profitability

● Understanding net profit at the end of each job

● “Every lead is costing you money. You have to understand what that cost is.”

● You have to have a plan!

● Tax advantages for contractors–plan ahead and get professional help!

● Using money wisely to buy real estate, company vehicles, and marketing before the end

of the year

● Your business plan for 2025: Do it now!

● Thoughts on hiring and firing to keep a lean machine at your business

Resources

Check out our YouTube channel and be sure to subscribe:

https://www.youtube.com/@DaveSullivanRooferShow

Set up a FREE strategy call with Dave and get a few tips on how you can improve your business:  https://davesullivan.as.me/free-strategy-call

Interested in learning more about our 1-on-1 coaching, mastermind groups, or fractional CFO services? Email me or send me a text at (510) 612-1450.

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